June 29, 2010Economic Systemsby EconomyWatch

World Classification Of Economies

The World Bank has classified the economies of the world on the basis of income and region for the year 2006. This is a classification of all the member countries of the and other economies with populations more than 30,000. The groups made are as follows:

  • Lower Income Economies (with $825 or less)
  • Lower Middle Income Economies (With $826-3,255)
  • Upper Middle Income Economies (With $3,256-10,065) and
  • High Income Economies (With $10,066 or More)

Classification is made among the income groups as to 2004 GNI per capita and regions by using the World Bank Atlas Method.

Congo Economy |Ethiopia Economy |Tanzania Economy |Sierra Leone Economy


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